How FOMO Fuels American Spending: Our Financial Decisions Are Influenced by Friends’ Social Media Feeds
Charles Schwab Corporation (The) (SCHW)
Last charles schwab corporation (the) earnings: 4/15 08:45 am
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Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)-- More than a third of Americans admit their spending habits have been influenced by images and experiences shared by their friends on social media and confess they spend more than they can afford to avoid missing out on the fun, according to Schwab’s 2019 Modern Wealth Survey, an annual examination of how 1,000 Americans think about saving, spending, investing and wealth. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190513005203/en/ Terri Kallsen, Executive Vice President and head of Schwab Investor Services (Schwab) Survey respondents place blame on social media platforms and not people—they rank social media as the biggest “bad” influence when it comes to how they manage their money, while they put friends and family at the top of “good” influences. According to the survey, three in five Americans pay more atten
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- The Charles Schwab Co. (NYSE: SCHW) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $80.00 price target on the stock.MarketBeat
SCHW
Earnings
- 4/15/24 - Beat
SCHW
Sec Filings
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- SCHW's page on the SEC website